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20120925
20121003
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Search Results 0 to 13 of about 14 (some duplicates have been removed)
it begs a question, how much trouble are we in? shortly ben bernanke would not have taken this extraordinary and unprecedented step of monetary easing -- >> before the election. lou: before the election if he did not think that he was anticipating a reality that has not presented itself yet. >> and that was a problem with the comment today from the fed had his beaucoup said, i don't think it's going to work. his boss, ben bernanke, saying, things are really ugly. i have the numbers. i think that probably we should do something now because it is serious. lou: always put that away. whether it is serious the fact of the matter is this housing market looks like it is offering some support. but when you look at the broader , macro economic reality you have to question even whether this is an illusion. i think -- >> it is not inconsistent to look at the housing market. going down so low for so long with interest rates so low. people have to live somewhere. iran has moved up. housing may have bottomed out. it does not mean we will have a bull market in housing. having said that,
growth broke a four-month roadblock sparked an upbeat mood on the street. fed chief ben bernanke renewed the central bank's pledge to keep record low interest rates to spur the economy, even after it regains momentum. >>> analysts say winter holiday shopping will rise 4.1% this year. that's slightly lower than predictions for the past two years. >>> jpmorgan chase is the first target of a justice department investigation into the financial crisis. a civil lawsuit alleges bear stearns, bought by jpmorgan in a fire sale, carried out billions of dollars in mortgage-backed securities fraud. >>> american express has agreed to pay $112.5 million to settle federal charges of illegal late fees. >>> the multibillion-dollar fraud carried out by bernard madoff began as far back as the early 1970s. that's according to a rewritten indictment bringing new charges against four longtime madoff employees. >>> a trader joe's peanut butter recall linked to cases of salmonella has now spread to nut butter recalls at multiple national chains including whole foods, target and stop 'n shop. >>> honda is recall
all week. fed chair ben bernanke's latest take on the economy will also get a lot of attention when minutes from the federal reserve's latest policy meeting are released. september auto sales are also on tap. some experts predict sales are up nearly 11% over last year. >>> meanwhile, according to aaa, the price of regular gas is down about five cents in the past week to an average $3.81 a gallon. >>> overseas this morning, uncertainty about spain's bailout weighed down asian stocks. thousands filled spain's capital this weekend to protest sweeping budget cuts and austerity measures included in a 2013 draft budget. >>> elsewhere, on the heals of apple's debut of the flawed apple app, oracle customers sl l have access to nokia's services. >>> hewlitt packard is set to roll out a new device that will work with microsoft's new windows 8 operating system. the elite pad 900 comes at a time when, according to new research, half of all adult americans now own either a tablet computer or a smart phone. >>> and finally, who says that crime doesn't pay? two guns that belonged to famed partners
optimism. news that manufacturing growth broke a four month roadblock sparked interest. ben bernanke will keep record low interest rates to spark the economy even after if regains momentum. >>> analysts say winter shopping will rise 4.1% this year. that's slightly lower than predictions for the last two years. >>> jpmorgan chase is the first target of the justice department investigation into the financial crisis. a civil lawsuit alleges bear stearns carried out billions of dollars in mortgage-backed securities fraud. >>> american express has agreed to pay $112.5 million to settle federal charges of illegal late fees. >>> the multi-billion dollar fraud carried out by bernard madoff began as far back as the early 1970s. this is according to a rewritten indictment bringing four charges against four long time employees. >>> a trader joe's peanut butter recall has spread to chains including whole foods, target and stop and shop. >>> honda is recalling 600,000 accords that may have a faulty power steering hose that can leak fluid and cause a fire. >>> congratulations to yahoo's marissa ma
ben bernanke said the fed's latest stim tim was motivated by the need to get more americans back to work. we'll get a look at who is hiring right now. cheril casonny is back. >> good morning. and we want to start with medifad. and jenny craig are growing and hiring and so it is a great way to work out and get a job and help people out at the same time. 150 jobs by the end of the year. production and distribution and work in call center and many don't want to go to the centers ceo of the company was on my fox business show and asked him where the growth is coming from. >> we are coming out with 11 new products over the last few months and more in november. we have send great success and growing at over 20 percent. our growth rate is high. >> he had a lot of -- he took over his brother's position in the company. >> bj restaurant. >> from dieting to now food. burger frys and shakes. they are hiring and 123 casual dining restaurants 2400 to 3200 austin and veg and college station and hoim. aggies and voted best place to work. benefits. full-time and hourly employees are eligible for
of monetary policy. ben bernanke has said that we have an unemployment rate that is way too high. he has proposed a way that he thinks would address that. do you think he is doing a good job and that this latest thing is in support of this economic growth and demand? >> they have better economic performance than this for monetary is criticized. there's a strong thought in this country that people on campaigns or associated with the executive branch do not comment on specific monetary actions of the fed. this is so important to the economic health of this country. i would say that nothing it has been helpful at all for the professional republicans. i think this is bad for the short term. >> i think there is a difference between politicizing in having an honest policy debate. i think the federal reserve's actions, and i have known that bernanke for a long time, i understand where he is coming from. i think that the fed's policy actions have exposed as to very little upside. i think it is absolutely almost patriotic to have a policy debate about whether it is a good idea to do what he is do
, the person who coined the term looks like it was ben bernanke, federal reserve chairman. he used the term earlier this year. so also at the same time, we've got health reform coming in with new levies on investment. >> gretchen: new taxes? that would be coming at the same time. this is up to congress or the president? who needs to do something? >> here is the issue, depends on who wins and how the lay of the land will g depending on who wins the election. if the president wins reelection, you'll possibly see gridlock. now the talk is to just let them expire temporarily and then do a quick fix for everybody but the upper bracket, so that way you could say look, we passed a tax cut and we did raise taxes on the upper bracket. if mitt romney, then he'll probably say i need time to fashion a budget. i'll have to do this in 2013. there may be delay. in that case, in either scenario, the u.s. congress would say to the irs look, adjust the tax withholding tables and so until we deal with this. so it's not an open and shut case. everybody will see their tax rates go up or tax go up january 1. the
there and ben bernanke held a news conference saying they're going to go through another round of quantitative easing, printing money. the message to donors was this -- the "barack obama is at it again, spending your tax dollars per "two things about that -- the fed is reducing the deficit and making huge profits returning record amounts of money to the treasury as a result of all their previous quantitative easing. so the opposite of spending your tax dollars is true. and of course the fed is legally independent and run by guy appointed by george w. bush. so this was so completely over the top that we decided we have to do a piece on that particular e-mail. pretty much these messages to true believers exceed what we have already defunct. >> we are out of time. thank you for your attention. we appreciate your questions. [applause] >> coming at 4:30, we will be live at the un for a speech from the president of libya. he will be speaking before the general assembly gathered this week. coverage starting at 4:30 eastern. we will have that live on c- span. before that, earlier today, israeli prime
Search Results 0 to 13 of about 14 (some duplicates have been removed)